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Bitquery found 96,000 fake-address outputs in Bitcoin’s unspent database, underscoring how data embedded in unspent outputs can create a different infrastructure burden from repeated OP_RETURN use.
Bitcoin’s correlation with gold has reached a six-year high, Bitcoin Magazine reports, as concerns over currency debasement and confidence in the U.S. dollar shape trading in both assets.
A Japanese company sold its Ethereum, Solana and XRP holdings for ¥878.8 million, while keeping $121 million in Bitcoin. Management may use the proceeds beyond cryptocurrency, leaving its portfolio Bitcoin-only.
French Hill said Democrats and Republicans have narrowed their differences over the Clarity Act, raising the prospect of bipartisan progress before a September vote, Bitcoin Magazine reported.
Kraken and SoFi agreed to connect crypto trading with banking and payment infrastructure. The initiative follows SoFi’s bitcoin-trading launch last year and is intended to support broader digital-asset markets.
Bitcoin gained 5% and reclaimed $80,000 as the US dollar weakened amid suspected Bank of Japan intervention in the yen. Analysts remain split on the broader impact of the currency-market development.
The CFTC has asked a judge to dismiss CME’s lawsuit over the approval of Kalshi’s Bitcoin perpetual contract, arguing CME has not shown concrete financial harm needed to challenge the decision.
Analyst Willy Woo suggests Bitcoin could be moving from its traditional four-year cycle toward a six-to-eight-year macro rhythm. Recent research, however, indicates that the established pattern may still be present.
Bitcoin rose above $81,000 on Thursday, while crypto-linked stocks also advanced, Bitcoin Magazine reported. The move marks another rally for bitcoin and a broader positive reaction across related equities.
Bitcoin and stocks rose after Fed Governor Christopher Waller said he could support holding rates steady. The rally triggered roughly $415 million in short liquidations across the crypto market, according to Decrypt.
Standard Chartered has added institutional spot trading for Bitcoin and Ethereum to its Dubai FX platform. CoinDesk reports that the cryptocurrencies are available through the bank’s existing eFX infrastructure used for dollar and euro trading.
Standard Chartered has launched bitcoin trading in the United Arab Emirates, Bitcoin Magazine reports. The UAE joins other markets where the bank has introduced spot bitcoin trading in recent years.
Glassnode data shows 68% of Bitcoin’s circulating supply is profitable near $77,381, up from 65% in May. The increase represents roughly 600,000 BTC, valued at about $47 billion, that could be sold at a gain.
